TransUnion buys RentPort
June 4, 2004
Customers aim to benefit from enhanced risk management offerings
TransUnion, a global information services company, today announced it has purchased RentPort, a provider of online applicant scoring and decisioning tools used in the property management industry. The terms of the deal were not disclosed.
RentPort has delivered applicant-screening products for property managers since 1999. TransUnion will immediately aim to leverage the organization's expertise and applicant screening experience to bring property managers the technology for making leasing recommendations with greater accuracy. The addition of this capability to TransUnion's offerings aims to provide an integrated and comprehensive approach to evaluating new customers in property management.
Additionally, the acquisition enhances TransUnion's comprehensive fraud management tools by adding deeper levels of information that aim to yield improved risk analysis.
Chicago-based TransUnion offers a broad range of financial products and services that enable customers to manage risk and capitalize on market opportunities.
Copyright: Inman News Features